HRAs allow the employee to use the employer’s money solely for medical expenses. The funds are owned by the employer, not by the employee, and they may not be withdrawn for non-medical expenditures. Unspent HRA balances may accumulate from year to year and employers may or may not allow departing employees access to the balances after they have left the company.

Johnston & Matthews health reimbursement arrangements (HRAs) are employer-funded accounts with the flexibility to customize fund designs and usage according to your organization’s needs. And when combined with other care management services, Johnston & Matthews HRAs are a powerful tool for rewarding and encouraging healthy decisions and behaviors